Kosovo and Albania together will be part of an important energy and regional bloc of economic, political, and geopolitical significance.

This statement was made at the official ceremony organized by the Kosovo Operator of the Transmission System and Electricity Market (KOSTT) on behalf of the Albanian Electricity Exchange (ALPEX). The event marked the functionalization of the One Day Ahead Market for the Bidding Area of Kosovo and the Union of Kosovo-Albania Electricity Markets.

Prime Minister Albin Kurti described this as a historic moment for the energy sector of both countries. He emphasized that this development would play a significant role in economic development and bring about greater transparency in the energy sector.

He emphasized that deepening cross-border cooperation is one of the best methods to address the challenges and difficulties in the energy sector.

Kurti also highlighted that the common market creates new business opportunities. He described the merger of the Kosovo-Albania electricity markets as a strategic step towards a more efficient energy ecosystem.

Speaking about the importance of this event, the head of Kososovo government emphasized that through this cooperation, a more favorable environment for attracting foreign investments will be created.

Moreover, he mentioned the last energy crisis, noting that it has not gone to waste. According to him, the lessons and experience gained from the crisis are now turning into cooperation and new opportunities.

The Minister of Economy of Kosovo, Artane Rizvanolli, stated that it has always been a permanent historical aspiration of Kosovo to conduct politics in the energy sector in a way that recognizes and appreciates this complementarity and develops it even further.

The chief executive of KOSTT, Evetar Zeqiri, emphasized the importance of this union, noting that it would not have been achieved without the far-sighted vision of both governments and the endless support of the respective ministries of the two countries.

He mentioned that this agreement is the epilogue of a reform process of over two decades in the energy sector.

The director of the USAID mission in Kosovo, Eileen Devitt, and the ambassador of Albania in Kosovo, Petrit Malaj, also participated in this ceremony.

/m.ll/